In 2020, Severniy Mining and Processing Works decreased iron ore pellets output by 32.6% YoY, to 5.28 million tons. Concentrate manufacture grew by 4%, to 12.74 million tons. In 2019, SevGOK decreased pellets output by 7.2%, to 7.849 million tons, while increasing that of concentrate by 14.9%, to 12.245 million tons. (Ukrainian metal)
In 2020, Central Mining and Processing Works decreased iron ore pellets output by 5.4% YoY, to 2.27 million tons. Iron ore concentrate manufacture grew by 10%, to 4.904 million tons. In 2019, CGOK increased pellets output by 4.3%, to 2.402 million tons, and concentrate by 0.5%, to 4.436 million tons. (Ukrainian metal)
The employees of Stakhanov Ferroalloy Plant, situated in the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia, refused to ship products and unload raw materials. Last week saw a similar strike, but the employees believed the management that it would clear salary debts for October 2020. In the end, the workers…
In 2020, Kazakhstan increased refined copper export prices by 43% YoY. Output grew by 1%. Copper ore mining went up by 1.8%, to 121.9 million tons. The East Kazakhstan region yielded 52 million tons, Karaganda – 34.1 million tons and Pavlodar – 33.6 million tons. Kazakhmys exceeded its ore output plan by 0.8%, to 29.4…
In 2020, Metinvest increased its net profit by 54% YoY, to $526 million. Revenue decreased by 3%, to $10.453 billion, while EBIDTA grew by 82%, to $2.204 billion. Debts fell by 3%, to $2.938 billion, with net debt down by 23%, to $2.111 billion. Capital investments went down by 37%, to $663 million. (Ukrainian metal)
PJSC ArcelorMittal Kryvyi Rih, following the results of its activities in 2020, slightly reduced sales of products in Ukraine due to the coronavirus pandemic. According to an interview of the director of the sales department in Ukraine and the CIS, Yevhen Chumachenko, published in the Metalurg corporate publication, according to preliminary estimates, last year the…
Ukraine and Algeria have significant potential for increasing cooperation in the metallurgical sector. According to the press service of the Embassy of Ukraine in Algeria, this was discussed during a meeting between Ambassador Maksym Subkh and Chief Executive Officer of Algeria’s IMETAL Group Tarik Bouslama. “During the meeting, the attention of the Algerian side was,…
In 2012-2020, Metinvest spent 15.35 billion UAH on the ecological modernization of its Mariupol Ilyich and Azovstal Iron and Steel Works. More than 40 large-scale projects have been carried out over the years. Thus, Azovstal decommissioned sintering shop, coke-oven batteries Nos. 5, 6 and 7 as well as blast furnaces Nos. 5 and 6, while…
